3 The European Union And Its Institutions Flashcards
European Council Composition
Member state leaders (intergovernmental)
One permanent president
European Council role ?
Brussels
Defines legislative and executive objectives
European Commission Composition?
EU bureaucrats
One Commissioner per member state
European Commission role ?
Monitors implementation of EU laws
Manages EU programs and finances
Initiates EU legislation
Seeks to speak with one voice
Council of the European Union Composition?
Brussels
One minister per member states
Council of the European Union role?
Pass all binding EU laws
Monitors Commission
Executive role through national bureaucracies
Decides unanimously or per qualified majority
European Parliament Composition?
Strasbourg Brussels-> elected MEPS (705)
European Parliament role ?
Pass EU laws In most policy area
Scrutinises Commission
Court of Justice Composition?
Luxembourg
EU judges
Court of Justice role ?
Interprets and applies EU Legislation
Political Institutions?
EU Parliament
Council of the EU
EU Commission
Financial institutions
- European Central Bank
- European Investment Bank
- Court of Auditors
European Central Bank
Implements and monitors Eurozone Monetary policy
European Investment Bank
Raise finance through financial markets
Invest in project to promote aims of the Eu
Court of Auditors
Monitors legality and efficency of EU income and expenditure